portland realtor

How to Compete in this Market

October 15, 2020 by Jessica Berger and Tekela Fisher 1 Comment

The best words to hear after you have been out house hunting are, “Your offer has been accepted!” You did the hard work of finding your dream home, putting together a thoughtful offer, and waited patiently for what seemed like days to get the news back. Unfortunately, in our current market of high demand and low inventory, it’s becoming more and more rare to hear those fantastic words. Luckily, we have tools in place to help you get your offer accepted and to stand out against the competition, even if that competition is paying all cash.

It seems like every offer is competing these days. In the close-in neighborhoods with ‘Pinterest perfect’ homes, you could be competing with 12 or more other people. We know it is tough out there, but before you get discouraged, know that we have quite a few tricks up our sleeves to help make your offer stand out. Here are our top 4 recommendations to help get you that accepted offer phone call.

#1 Make a stronger offer

There is no way to know exactly what the competition is offering, but we can still make our strongest possible offer up front. In most cases, money talks, so offer over the list price and don’t ask for any concessions. Going in with a strong offer up front shows you are serious and that you don’t want to play any games. We can also write in an escalation clause. That allows you to set a cap and offer a set amount over the next best offer.

#2 Write a love letter

I know, its cheesy. But for most people, a home is a sentimental place. They want to know the home is going to someone that will love it just as much as they did. Tell them earnestly why you love the home and how you imagine yourself living there. A sweet case of serendipity may just win over their hearts.

#3 Waive or shorten some contingencies

The contract is written to strongly favor the buyers in the transaction. There are multiple opportunities that allow you back out of buying the house but there are none for the sellers. You can sway the contract a bit more in their favor by shortening or removing some of the contingencies. You can remove the contingency for the seller property disclosures, shorten the inspection period, and waive the right to re-negotiate price based on the appraisal. Discuss each of these options in detail with your agent. There are varying levels of risk with each contingency, so it’s important to know all the options before removing them.

#4 – Pay their closing costs

This isn’t something we see very often which means it could really sway your offer to be more favorable. Sellers have to pay title and escrow fees just like buyers do. We can offer to cover those costs to help bring the sellers net proceeds up just a bit. You could also offer to pay the commission which typically come out of the seller proceeds, but that is a much larger monetary commitment.

#5 – Surprise them

Do you have a special talent? A huge wine collection? Access to lots and lots of pizza? You can offer anything that you would like to get the sellers to accept your offer. I have had clients offer to brew the seller any type of beer that they would like (only in Portland right?). I have had clients offer free pizza for a year, a weekend get away at a beach cabin, the sky is truly the limit! The trick here is that you cannot attach any monetary value to it. We are giving it to them in exchange for the home, but it needs to be as a gift.

Even after doing all of these things, we may still have been beat out by a higher offer but it is important not to give up. The right home is out there, and when it is meant to be, it will be. Though it’s not on this list, having a great real estate agent on your side is crucial. Having positive working relationships with other brokers in the city has gotten our offers chosen over other (higher!) offers on many occasions. IF you want to get to know either or both of us a little better head over to our about us pages. You can read about Jessica here and Tekela here. Also, you can read our quick guide and meet our favorite lenders here. Lastly, if you want to look at the homes available on the market, you can find those here!

Bend

September 9, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

Our Hot Spot of the Week this week is one of our favorite places to visit in Oregon, Bend! After a fantastic summer of helping so many people find their dream homes, we decided to treat ourselves to a little getaway. A big bonus for us of visiting this lovely city is that our flagship office of Cascade Sotheby’s is located there so we also got to visit with some of our favorite colleagues.

_{Visiting one of our Bend offices and wine tasting with one of our favorite Bend agents, Dave Holland}

The Beer

One of our favorite things about Bend is that there are so many wonderful breweries. No matter what style of beer you like, you will be thrilled with all of your options in Bend. Many of the breweries also have public houses, so one of the days we decided to grab lunch at Deschutes to try their pub exclusive beers and grab a bite. I definitely recommend grabbing their beer cheese soup and some VERY garlicky truffle fries to soak up the fantastic tasting flight.

The Bubbles

Everyone knows we love bubbles, so of course we had to sip on some on our celebration weekend! We ordered some at our dinners, but our absolute favorite bubbles experience was at the wonderful spot Good Drop Wine Shoppe. They had an amazing selection of champagne and the wine steward was extremely knowledgeable and helped us pick the perfect selection. We went with a delicious bottle called ‘Eye of the Peacock’ (but in French) and it was the ideal blend of bright and crisp with a slightly toasty brioche finish. I highly recommend this spot for all of your wine needs when you are in town.

The Food

We had so many delicious meals while in Bend, but our absolute favorite was Washington. We’re always big fans of ordering a lot of dishes and sharing everything, and here was no exception. We started with the Goat Cheese Fondue (yum!) and the Pork Belly with Dungeness Crab (yummm!) plus some tasty cocktails. Mine was the Garden Party, with Aperol, champagne, gin, and basil and it was positively summer in a glass. We proceeded to order a bottle of bubbles with dinner, and adored our choices of the evening Sturgeon special with corn and Chantarelles, as well as the grilled Bavette steak with Chimichurri. I cannot wait to return to Washington and try every single thing on their menu!

The Outdoors

Despite what it sounds like, we didn’t JUST eat and drink the entire time in Bend. We also went to explore a bit of the nature nearby. While the lava tubes were sadly closed, we were still able to wander around in the lava fields at Newberry National Volcanic Monument as well as hike over to Benham Falls along the Deschutes River. There are so many amazing nature experiences all over the area, so you will have no shortage of choices when you want to see beautiful things or work off all of the indulgences 🙂

We had such a delightful time visiting Bend and we cannot wait to go back! What should we see/do/eat next time we are there? Let us know in the comments!

Ecliptic Brewing

August 25, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

This week we are featuring one of our favorite breweries and restaurants. With space themed decor and beer Ecliptic Brewing is just a fun place to visit for the whole family. They are currently only offering patio dining, but they have converted the entire parking lot into space for tables so there is plenty of space (pun intended).

Ecliptic also offers a wide variety of beverages, there is a full bar and some local wines to choose from. The real star, though, is of course, the beer. John Harris has been an important NW brewer since his early days at McMenamins. He then moved to Deschutes and Full Sail before finally opening his own brewery.

He doesn’t play it safe with his beer either, depending on the time of year that you visit, you can get almost every style of beer available. I love a fruity sour, there were multiple choices on the menu so I tried the the Carina Peach Sour. With the hot weather we also wanted to try a crisp and refreshing beer so we opted for the Ecliptic-Ruse Collab Pilsner. Both beers were refreshing, delicious, and exactly what we were expecting of the style.

Ecliptic has by far the best food menu of all the breweries. They focus on fresh and seasonal ingredients and switch up the menu often. This summer they are offering little gem salad, street corn and seared albacore tuna. You can also order one of their many burgers or sandwiches. They always have a great burger, but they are currently also offering a beet melt with goat cheese and granny smith apples and a salmon burger with avocado and jalapeÃ±o aioli. Head over to the website to see the full menu.

If you aren’t quite ready to head out to a restaurant you can order the food to go or have some beer delivered! You can order your beer HERE. Have you tried the beer/food yet? What did you enjoy most?

Want to check out our other hotspots? You can find those HERE

Tamale Boy

August 10, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

This week we are once again highlighting one of our favorite restaurants, Tamale Boy! After searching for restaurants that were offering both dine-in service and patio tables we were left with very few options. Most dine-in restaurants have very few tables and are only seating with a reservation. We didn’t plan far enough ahead for that, so when we saw Tamale Boy on the list, we knew exactly where to go. They have 2 locations, one small location attached to Labrewatory on N Russell, and a larger location on NE Dekum. Ne Dekum has a huge patio and was just what we were in the mood for.

While we were deciding on what to order we started with a side of house-made guacamole. I love Tamale Boy’s guacamole because they add a dried chile oil to give it a bit of spice, and roasted sunflower seeds for a nice crunch. For dinner I wanted to step out of my comfort zone and actually order a tamale. I decided on the NorteÃ±o tamal frito. A deep fried tamale with chile verde, served with black beans and 2 over-easy eggs. The flavor in the tamale itself was absolutely divine and with the beans and eggs it was a very filling meal. If you want to check out the menu or order ahead, you can do so HERE

We loved Tamale Boy this week, have you been to support this business yet? We definitely recommend you visit, whether you are ready to venture out or wanting to get some take-out for home. What have you been loving? Let us know your favorite local spot in the comments so we can support them (and our tastebuds)!

What can I buy in Portland?

July 28, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

We had an absolute blast filming our latest series, ‘What Can I Buy?’! We decided it would be fun to take you around Portland and show you different styles of homes at different price points to get you an idea of what you can buy in this great city! While the homes here aren’t as inexpensive as say, Ohio, we are still the most affordable metropolitan area on the West Coast!

The first season of our new series is 6 episodes and we visited each of the 6 quadrants of Portland. We know 6 isn’t called a quadrant, but Portland likes to keep things weird, so let’s just go with it. You can click on any of the photos below to be taken to the page with our series video and full details on the home!

series episode 1 — The Royal, SW Portland

series episode 3 — Alberta Arts, NE Portland

series episode 5 — Hawthorne, SE Portland

Jessica’s favorite property that we toured was the New York style condo in the Chown Pella building. She loved the exposed brick, open floor plan, Pearl District living, and private roof top deck! For under 1 million, that condo is truly a great deal!

Tekela’s favorite was the Royal, the stunning contemporary home in SW Portland. She loved the floor-to-ceiling pocket windows, the gorgeous open kitchen, and the location that felt like living in the treetops! At 2.25 million, it’s a bit aspirational, but a girl can dream!

We hope that you enjoyed going on this tour with us! If you want to stay up to date on everything we are doing, follow us on social media, subscribe to our Youtube channel, and/or sign up for our newsletter!

The Open House

June 11, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

Today we are taking you behind the scenes of everything we do to prep for an open house! We made this great video for you to enjoy! If you prefer to read about it, we have that included below for you!

The first and most important thing that we do to prepare for an open house is to research the current trends in the neighborhood. We are constantly watching overall trends, but we want to be able to answer neighborhood specific questions to prospective buyers as well. We pull together a list of comparable properties, every other open house in the neighborhood, and our buyer book and head off to the house.

The Big Set Up

All of our open houses are marketed on multiple websites and through facebook ads, but you never know who might be driving by, so we also place many signs around the neighborhood to make it easy to find us.

Once we are at the house we want everyone to feel like they are already home. We have both sweet and savory snacks available, white or rose wine, sparkling water, and plenty of napkins. We also want to turn all the lights on so the home shows the best it can no matter the weather. This also gives a chance to get even more familiar with the property. We look for the furnace, water heater, and any quirks that people may have questions about.

Open houses are one of the most fun things you can do as a realtor. You get to meet quite a few people and usually spend a couple hours inside a gorgeous house. If you are starting to think about getting into the market, we are happy to send you weekly open house lists. Just fill out the form below! You can also search for homes by clicking HERE

The Listing

June 11, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

Today we are taking you behind the scenes of everything we do to prep and win a listing appointment! We made this great video for you to enjoy! If you prefer to read about it, we have that included below for you!

The first and most important thing that we do to prepare for an upcoming listing appointment is to research the current trends in the neighborhood. We are constantly watching overall trends, but pricing a home and creating a personalized market plan requires specific data about which homes have just sold, how long they were on the market, and many other factors. We pull together all the market data, put together a personalized marketing guide, print the contract and head over to the potential new listing!

The Interview

A listing appointment is when we are truly being interviewed. We put our best foot forward and show everything that we have to offer. Typically we are going to be competing against 2 or 3 other agents so it is critical that we set ourselves apart. One big thing we do is send our ‘7 tips for Selling your Home’ booklet to the potential client before we even meet them. You can download it HERE if you want to check it out.

Some other big differences you can expect to get from us are the scope of our marketing knowledge and the brand power we bring. We are well-versed in running social media ads so we can guarantee the listing will get many more views than any neighbor’s listing. We also have the power of the Sotheby’s brand behind us. That gives us access to all of their marketing partners. We get to see our listings on the New York Times, Wall Street Journal, Mansion Global and many, many more websites around the world. The home is also marketed directly to our global Sotheby’s network. It may just be the perfect fit for an investor or someone relocating here to Portland.

Marketing

In the video above, our listing proposal stood out and we won the listing over at least one other agent. It always feels good to win, but now that we have the contract signed, it is truly time to get to work. Here is quick list of everything we have to coordinate in the week before the listing goes on the market.

Professional photos are the most important step at this stage. NEVER hire an agent that tells you they can take the photos on their phone. They won’t look good and you only get 1 chance to make a first impression. We also do a stunning walkthrough video, 3D tour, and drone pictures. Your home will be the best looking one on the block when we are finished.

The home in our video went pending for full price after only 4 days on the market. If you need some guidance about what to do to sell your home, we would love to come and interview with you! If you want a quick snapshot of your home’s value, you can find that HERE. Or if you prefer to check in on your neighbors homes, you can search for everything on the market HERE. You can also fill out the form below and we will be in touch soon!

Farmhouse Kitchen

May 26, 2020 by Jessica Berger and Tekela Fisher Leave a Comment

This week we are once again highlighting the best local take-out that we had this week, Farmhouse Kitchen Thai! After reading several posts on Eater Restaurant recommendations and seeing a few drool-worthy pics, my household decided to order the Little Lao Table from Farmhouse this past weekend. We were so happy with it! A veritable smorgasbord of delicious Thai flavors, all packed into a single buffet-style aluminum pan for the added bonus of reducing take-out waste. It even came with a couple of Thai iced teas (which we boozed up a bit, obviously) and a kid’s meal of Pad See Ew on the side!

Some of the highlights included the papaya salad which was tart and perfectly spicy, the fried chicken which was so crunchy and tender, and the curry which I gleefully poured over every noodle and grain of rice that I could. I don’t even know what exactly the concoction under the fried egg was, but I do know that I went back for thirds. The meal is advertised as dinner for 2+ a kiddo, but we found that it easily fed 4 hungry adults. For $59, that’s quite the steal! Check them out HERE.

We loved Farmhouse Kitchen this week, but what did you love? Let us know your favorite local takeout in the comments so we can support them (and our tastebuds)!